Evaluate the Minor $M _ { 33 }$ And the Cofactor $A _ { 33 }$

question 24

Essay

Evaluate the minor $M _ { 33 }$ and the cofactor $A _ { 33 }$ using the matrix $A = \left[ \begin{array} { c c c } 0 & \frac { 1 } { 4 } & 8 \\\frac { - 1 } { 2 } & - 7 & - 3 \\5 & 4 & 22\end{array} \right]$ .

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Definitions:

Stock Price

The price at which a particular share of stock is bought or sold in the market.

Risk-free Rate

The theoretical rate of return of an investment with zero risk, often represented by the yield on government bonds.

Call Option

A financial contract that gives the holder the right, but not the obligation, to buy a specified amount of an underlying asset at a set price before the contract expires.

Exercise Price

The price at which the holder of an option can buy (in the case of a call option) or sell (in the case of a put option) the underlying security or commodity.